Want to create an interactive transcript for this episode?
Podcast: Moneylife News Bites
Episode: Anil Ambani in the ED Dock: Has Regulatory & Investigation Amnesia Ended?
Description: After years of silence, Anil Ambani's debt-ridden companies are finally under serious scrutiny. From telecom giant Reliance Communications to finance arms like RCFL and RHFL, the ED is probing a massive ₹17,000 crore bank fraud. This exposé dives deep into how one of India’s most high-profile business empires unravelled in plain sight — and why regulators, bankers, auditors, and trustees looked the other way for so long.Sucheta Dalal traces the collapse of the Anil Dhirubhai Ambani Group (ADAG), once valued at ₹1.7 lakh crore, and lays bare the systemic failures that let it fester. With top executives under the...